I’ve received an email from Sophie today who wants to cancel her letting agents contract but keep her good tenant. As we have so many professional letting agents reading this forum I’m hoping that we can give Sophie and several other landlords who find this article in an internet search some sound advice. Sophie’s email is below in italics.
Please post your response in the comments section below.
I am new to being landlord and engaged a local estate agent to help let my property. The tenancy agreement is due to expire in the next 2 months and I really like the tenant I have got.
My questions are therefore:
1, Is it possible to keep the tenant but lose the agent?
2, If so, what steps do I need to do to ensure this take place?
Thanks in advance for the help.
What advice would you offer to Sophie?
My initial thoughts are:-
a) Read the agents contract, particularly any termination clauses
b) Consider why you want to terminate the contract if the agents have done a good job and sourced a good tenant
c) Are you likely to want to use this agent again?
d) Have you spoken to the agent to explain your situation?
Sophie – perhaps you could answer these questions too as this may alter the advice that readers offer.